Timberland Bancorp, Inc. (NASDAQ:TSBK) Declares Quarterly Dividend of $0.25

Timberland Bancorp, Inc. (NASDAQ:TSBK) declared a quarterly dividend on Monday, January 27th,Wall Street Journal reports. Investors of record on Friday, February 14th will be given a dividend of 0.25 per share by the savings and loans company on Friday, February 28th. This represents a $1.00 annualized dividend and a dividend yield of 3.22%. The ex-dividend date is Friday, February 14th.

Timberland Bancorp has raised its dividend by an average of 4.9% annually over the last three years and has raised its dividend every year for the last 12 years.

Timberland Bancorp Stock Up 0.9 %

Shares of NASDAQ TSBK opened at $31.07 on Wednesday. The stock has a fifty day moving average price of $30.68 and a 200 day moving average price of $30.46. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. Timberland Bancorp has a 12-month low of $23.93 and a 12-month high of $33.98. The company has a market cap of $247.63 million, a P/E ratio of 10.06 and a beta of 0.67.

Timberland Bancorp (NASDAQ:TSBK) last issued its earnings results on Monday, January 27th. The savings and loans company reported $0.86 earnings per share for the quarter. Timberland Bancorp had a return on equity of 10.28% and a net margin of 22.88%.

Insider Activity

In other news, COO Jonathan Arthur Fischer sold 2,044 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $33.09, for a total transaction of $67,635.96. Following the completion of the sale, the chief operating officer now directly owns 4,550 shares in the company, valued at $150,559.50. This trade represents a 31.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.70% of the company’s stock.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, and commercial real estate loans; and construction lending products, such as custom and owner/builder, speculative one- to four-family, commercial, multi-family, land development, and land development.